Although the agriculture sector has been central to Sri Lankan livelihoods and cultural identity for centuries, it has suffered in recent years from overlapping and sometimes contradictory government policies prone to changing with new political administrations.
As Sri Lanka’s largest export earner after textiles and its most significant agricultural commodity, tea remains a major economic growth contributor, despite struggling to maintain profits in a time of falling global commodities prices and rising international competition. Home to the internationally recognised and sought-after Ceylon tea, Sri...
The Port of Colombo stands today as one of the busiest and most competitive in the region, after years of expansion carried out in partnership with the private sector. The private sector will remain a critical pillar of future port expansion, with the ongoing Colombo Port Expansion Project (CPEP) managed by the Sri Lanka Port Authority (SLPA) expected to see a number of...
After the election of President Maithripala Sirisena in January 2015, the spending habits of former President Mahinda Rajapaksa’s government have come under increased scrutiny, with efforts to improve transparency being a critical priority for the new administration. President Sirisena ran on a platform of confronting corruption, which at the...
National carrier SriLankan Airlines (SLA) has struggled in recent years as a result of rising operating costs, allegations of corporate mismanagement and lobbying by local vested interests. The new administration of President Maithripala Sirisena is hoping to address these issues with a comprehensive restructuring of the company’s portfolio,...
Often referred to as the pearl of South Asia, Sri Lanka’s strategic position at the southernmost point between Africa, the Middle East and East Asia has supported its transformation into a leading global shipping hub. The Port of Colombo now stands as the largest and busiest in the region, benefitting from years of investment that have...
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